SHE:300388 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Operating Revenue	3,614	3,826	4,116	4,081	4,456	3,857
Other Revenue	10.96	10.96	12.32	17.9	20.46	11.82
Revenue	3,625	3,837	4,128	4,099	4,477	3,869
Revenue Growth (YoY)	-11.14%	-7.04%	0.71%	-8.44%	15.71%	-7.21%
Cost of Revenue	2,541	2,725	3,015	3,087	3,369	2,735
Gross Profit	1,084	1,112	1,113	1,012	1,108	1,134
Selling, General & Admin	236.73	236.22	253.88	239.95	276	252.17
Research & Development	23.69	25.11	32.14	22.96	33.74	59.84
Other Operating Expenses	29.35	31.13	28.42	28.56	15.81	23.87
Operating Expenses	410.08	393.66	401.69	303.2	351.89	366.74
Operating Income	673.44	718.61	710.98	709.11	756.03	767.05
Interest Expense	-237.05	-250.73	-283.54	-302.26	-333.8	-349.05
Interest & Investment Income	26.81	24.32	25.74	57.68	58.18	24.42
Currency Exchange Gain (Loss)	-1.73	-1.73	1.27	2.69	-0.61	-1.51
Other Non Operating Income (Expenses)	1.44	2.72	-10.33	0.51	0.47	-8.96
EBT Excluding Unusual Items	462.91	493.19	444.12	467.73	480.27	431.96
Impairment of Goodwill	-	-	-	-13.9	-17.4	-17.62
Gain (Loss) on Sale of Investments	-4.38	-27.22	-	-	-	-
Gain (Loss) on Sale of Assets	2.75	8.86	2.75	96.88	10.22	-
Asset Writedown	-0.8	-23.57	-0.08	-0.03	0.02	-11.08
Legal Settlements	0.14	0.14	38.69	-	-	-
Other Unusual Items	19.41	19.41	15.53	-1.27	19.15	36.85
Pretax Income	480.04	470.81	501	549.41	492.26	440.11
Income Tax Expense	84.37	80.82	76.05	114.61	101.29	78.4
Earnings From Continuing Operations	395.66	389.99	424.95	434.8	390.97	361.71
Minority Interest in Earnings	-32.86	-23.32	-32.6	-29.86	-24.27	-30.22
Net Income	362.8	366.67	392.35	404.94	366.71	331.49
Net Income to Common	362.8	366.67	392.35	404.94	366.71	331.49
Net Income Growth	-8.83%	-6.54%	-3.11%	10.42%	10.62%	1.55%
Shares Outstanding (Basic)	681	681	681	699	690	684
Shares Outstanding (Diluted)	681	681	683	704	695	689
Shares Change (YoY)	-0.35%	-0.35%	-2.92%	1.27%	0.95%	5.47%
EPS (Basic)	0.53	0.54	0.58	0.58	0.53	0.48
EPS (Diluted)	0.53	0.54	0.57	0.58	0.53	0.48
EPS Growth	-8.51%	-6.22%	-0.19%	9.04%	9.58%	-3.72%
Free Cash Flow	-54.67	59.2	-328.52	-11.72	403.85	-191.15
Free Cash Flow Per Share	-0.08	0.09	-0.48	-0.02	0.58	-0.28
Dividend Per Share	0.195	0.130	0.130	0.180	0.120	0.120
Dividend Growth	50.00%	-	-27.78%	50.00%	-	-
Gross Margin	29.89%	28.98%	26.95%	24.70%	24.75%	29.30%
Operating Margin	18.58%	18.73%	17.22%	17.30%	16.89%	19.82%
Profit Margin	10.01%	9.55%	9.50%	9.88%	8.19%	8.57%
Free Cash Flow Margin	-1.51%	1.54%	-7.96%	-0.29%	9.02%	-4.94%
EBITDA	1,155	1,187	1,161	1,158	1,201	939.75
EBITDA Margin	31.86%	30.92%	28.12%	28.24%	26.82%	24.29%
D&A For EBITDA	481.48	467.91	449.82	448.6	444.77	172.7
EBIT	673.44	718.61	710.98	709.11	756.03	767.05
EBIT Margin	18.58%	18.73%	17.22%	17.30%	16.89%	19.82%
Effective Tax Rate	17.58%	17.17%	15.18%	20.86%	20.58%	17.81%
Revenue as Reported	3,625	3,837	4,128	4,099	4,477	3,869

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.